21 July 2023

It's All Your Fault (If You Voted A Certain Way)

A proprietor loses his businesses.  He points his finger. "It's all your fault!" he bellows.

In this case, though, he wasn't pointing to an executive, employee, family member or incompetent (or crooked) lawyer, accountant or bookkeeper.  Rather, he aimed his accusation at 25 million or so people.

What did they have to do with the demise of his enterprise?  (That rhyme was unintentional. Really!)  They all voted for what, according to the proprietor, was the slit to the throat of his company.

Hint:  They voted seven years ago, in the UK.

I am referring, of course to "Brexit:"  the decision to take the country out of the European Union (formerly called the "Common Market).  That meant the re-imposition of tariffs that membership eliminated on goods from most continental European countries.  Perhaps more to the point, it meant reels and reels of "red tape" that tied up shipments in ports and terminals or made it all but impossible to pass through.  It even made Brooks saddles unavailable England, where they have been made for more than a century and a half:  For about two decades, an Italian company has owned Brooks, so the company's saddles are shipped from a distribution center Italy, an EU country.

And many bike brands sold in the UK are based in European countries, even if the bikes or parts are made in Asia or other parts of the world.  One of those bike brands is Austrian KTM, distributed by Huddersfield-based FLi Distributors for the past eleven years.  They have just ceased trading. In announcing their demise, owner Colin Williams said, "If you voted for Brexit, realise (British spelling) this is 90 percent because of your decision back in 2016."





FLi is not the only bicycle-related company to close its doors since Brexit-related regulations took effect at the beginning of 2021--just as the worst of COVID-19 related shutdowns were choking supply chains.  I would bet that the owners and employees of those companies and Williams--along with many others in the bike business, cyclists and other citizens--are not the only ones regretting the Brexit vote.

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